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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Alphabet Inc.    GOOGL

ALPHABET INC.

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Alphabet : Zoox gets driverless car test permit in California, a win for Amazon

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09/18/2020 | 02:04pm EDT

Sept 18 (Reuters) - Zoox Inc on Friday received a permit from California state authorities to test its self-driving vehicles without an in-car backup driver, marking a win for Amazon.com Inc, which acquired the startup in June.

The world's largest online retailer has been aggressively expanding into self-driving technology, with the company also participating in self-driving car startup Aurora Innovation Inc's $530 million funding round early last year.

The new permit allows Zoox to test two autonomous vehicles without a driver behind the wheel on specified streets near its Foster City headquarters, the state's Department of Motor Vehicles said in a statement.

Other companies who already hold a permit include Alphabet Inc's Waymo, Chinese startup AutoX and Nuro Inc. (Reporting by Akanksha Rana in Bengaluru; Editing by Arun Koyyur, Aditya Soni)


Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 1.64% 1632.98 Delayed Quote.21.92%
AMAZON.COM, INC. 0.88% 3204.4 Delayed Quote.73.41%
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Financials (USD)
Sales 2020 173 B - -
Net income 2020 30 913 M - -
Net cash 2020 120 B - -
P/E ratio 2020 36,2x
Yield 2020 -
Capitalization 1 113 B 1 113 B -
EV / Sales 2020 5,73x
EV / Sales 2021 4,68x
Nbr of Employees 127 498
Free-Float 90,2%
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Technical analysis trends ALPHABET INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 45
Average target price 1 750,82 $
Last Close Price 1 632,98 $
Spread / Highest target 23,7%
Spread / Average Target 7,22%
Spread / Lowest Target -24,2%
EPS Revisions
Managers
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth M. Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
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